skip to Main Content

SOW Blog

FIRS Targets N750 Billion from Millionaire Tax Defaulters

The Federal Inland Revenue Service, FIRS hopes to pull in about N750 billion from about 55,000 defaulting taxpayers, Executive Chairman,…

Read More
Why your Business Needs Bank Reconciliation

Why your Business Needs Bank Reconciliation

Preamble Bank reconciliation is the process of matching the balances in an organisation’s accounting records for a cash account to…

Read More
What You Need to Know about Tax in Nigeria

What You Need to Know about Tax in Nigeria

Taxes/Taxation in  Lagos Nigeria is a means by which governments finance their expenditure, by imposing charges on citizens and corporate…

Read More
12 Objectives of Audit to your Business

12 Objectives of Audit to your Business

Definition An audit is a systematic and independent examination of books, accounts, statutory records, documents and vouchers of an organization to ascertain how…

Read More
9 Importance of Strategic Planning to SMEs

9 Importance of Strategic Planning to SMEs

Strategic planning is a process set by organization to guide the day-to-day decisions and also for evaluating progress and changing approaches…

Read More

10 Benefits of Outsourcing Payroll

  The complexity of managing several units of business today is becoming enormous and laborious, unfortunately, brain drain, high cost…

Read More
FIRS Rescind on Decision to Freeze Tax Defaulters’ Accounts

FIRS Rescind on Decision to Freeze Tax Defaulters’ Accounts

The Federal Inland Revenue Service (FIRS) has withdrawn on its directives to freeze tax defaulters accounts in banks. This was…

Read More

FIRS Shut Down 9 Companies in Lagos for Tax Defaults

Nigeria’s Federal Inland Revenue Service (FIRS) shut down nine companies in Lagos  this week  for owing taxes to the tune…

Read More
8 Must Do Strategies for SMEs at Year-End

8 Must Do Strategies for SMEs at Year-End

SMEs needs strategies to mitigate the year end challenges. Year end is a busy time for a whole host of…

Read More
8 Tips to Transform Your Small Business into a Corporation

8 Tips to Transform Your Small Business into a Corporation

While it is very good and encouraging to start small, staying small without expansion is a threat to the going…

Read More
Why it is not Bad Starting your Dream Company as One Man Business

Why it is not Bad Starting your Dream Company as One Man Business

A one man business is a business created by one person, run and manage by one person , usually the…

Read More
Wole Omofojoye gets Investiture as Fellow of The Institute of Management Consultants.

Wole Omofojoye gets Investiture as Fellow of The Institute of Management Consultants.

Every professional desire to attain the height of a Fellow in their Professional Association, little wonder the Director, Policy &…

Read More